NZDCHF: Expecting Bearish Move
NZDCHF is trading on a key daily level.
that level matches perfectly with a strong 4h/1h structure resistance.
on hourly time frame, the price has formed a double top formation on that and broke below its minor support.
now it is a retest phase.
I expect a drop from the current price levels.
goals:
0.6019
0.6
NZD-CHF
NZDCHF - SWING - 19. OCTO. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Bullish break and closure above main sr level.
4 HOUR
Small pullback towards our support zone with great long entries!
DAILY
Expecting prices to push again towards previous highs.
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FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.60510
SL @ 0.60190
TP @ 0.60960
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDCHF looking for short 🦐NZDCHF on the daily chart hit the descending trendline and now and got rejected.
The market is moving in a lower low lower high move.
If the price will break below the 0.60500 and consequently break the minor channel and the support we can set a nice short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZDCHF a false breaout 🦐NZDCHF on the daily chart is testing the bottom of a channel trendline and a daily support.
The market couldn't create new highs and with the last two 4h candles we have seen a clear false breakout.
IF the price will break and close below the structure we can set a nice short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZD
NZDCHF - SWING - 05. OCTO. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Bearish break and closure below main sr level.
4 HOUR
Looks like prices might turn bearish now..
DAILY
Good short entries to follow midterm trend.
-
FOREX SWING
SELL NZDHCF
ENTRY LEVEL @ 0.60900
SL @ 0.61130
TP @ 0.60570
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDCHF 4H SHORTPrice has been in a downtrend since before covid. Rejected monthly support on a higher timeframe. Below 50 & 200 ema. Rejecting golden fib zone which could also end up being wave E(after wave E a breakout normally occurs). -61.8% target also matches with W formation that hasn't been tested.
Like and LMK your thoughts :-)
NZDCHF: Potential Harmonic Bat Patter & Swing Trade
NZDCHF, for now, is unstoppable.
the pair keeps falling without pullbacks breaking key daily levels.
the next safe buy zone will be 0.5964 - 0.5934.
this area is based on a horizontal daily structure, 618 retracement of the major bullish leg, and completion point of a harmonic bullish bat pattern.
from that zone I will expect a pullback at least to 0.6024 level with a potential continuation to 0.607
good luck
NZDCHF a double top 🦐NZDCHF on the weekly chart is moving inside a huge descending channel.
The price on the daily chart couldn't break the weekly resistance around 0.62 level.
Recently the market created a double top and broke below the daily support at 0.60500.
If the price will retest the daily structure and turn back into a bearsih outlook on the higher timeframe, we will set a nice short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
NZDCHF in a bear flag? 🦐NZDCHF on the 4h chart retraced back till the 0.618 fib level of the previous bearish move.
The market created a bear flag inside a minor channel.
IF the price will break and close below the support structure and consequently break the channel, we can set a nice short order according to Plancton's strategy.
------
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
NZD_CHF STRUCUTRE LONG| TRADING PLAN
NZD_CHF IS HAS BROKEN OUT OF THE DOWNWARD WEDGE AND IS BULLISH CHARGED|
(1) LONG now at pullback, after the first breakout
(2) Reaching T1 would mean a second confirmatory breakout>>> double the position
(3)T2+T3=realistic targets
(4) IF flops and goes down to the horizontal support>>>small retracement long from there too!
__________________________________________________________________________________
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NZDCHF - SWING - 14. SEPT. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Bullish market open and pressure.
4 HOUR
Price closed above main sr level, good long entries!
DAILY
Overall bullish market in a downside movement, good reverse entry..
-
FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.60780
SL @ 0.60450
TP @ 0.61360
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDCHF on a retracement move 🦐NZDCHF on the daily chart hit the discending trendline and started a retracement move.
Market is currently testing the 4h structure.
IF the price will break below the support area we can set a nice short ordr according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Don't miss the great buy opportunity in NZDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5965). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 0.6045
TP2= @ 0.6090
TP3= @ 0.6165
TP4= @ 0.6222
TP5= @ 0.6295
SL= Break below S2
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Don't miss the great buy opportunity in NZDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5965). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 0.6045
TP2= @ 0.6090
TP3= @ 0.6165
TP4= @ 0.6222
TP5= @ 0.6295
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️